GAP Note definition

GAP Note. That certain Gap Note, dated the Origination Date, in the stated principal amount of One Hundred Twenty-Five Million and No/100 Dollars ($125,000,000.00), made by Borrower in favor of CREFI, GS Bank, BCREI and BMO H▇▇▇▇▇.
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GAP Note that certain Gap Promissory Note, dated as of the date hereof executed by Borrower and made payable to the order of Administrative Agent, in the principal sum of up to $30,975,011.63.
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GAP Note means the promissory note dated the Closing Date, made by the Borrower to the Lender in the principal amount of $75,000,000.
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Examples of GAP Note in a sentence

  • Amended and Restated Promissory Note dated May 1, 2013, in the principal amount of $ 37,500,000, executed by Borrower in favor of Original Lender, endorsed to the order of Lender (together with the GAP Note, the “Note”).

  • However, if the CEMA is dated before May 2001, the Document Custodian must hold all original prior Notes (and GAP Note, if applicable).


More Definitions of GAP Note

GAP Note has the meaning set forth in Schedule 3.1 (Schedule of Advance Terms).
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GAP Note has the meaning set forth in Section 2(d)(vii)(1) below.
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Related to GAP Note

  • o Note The account name to which EFT payments will be paid is to the name submitted on Part II of this form. • Routing Number: Enter the bank or financial institutional nine-digit routing number, including applicable leading zeros.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • New Note shall have the meaning assigned to such term in Section 38.